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(TNPETRO) Tamilnadu Petroproducts complete technical analysis [charts+indicators] | Buy/Sell Tamilnadu Petroproducts | (TNPETRO) share price targets

Complete technical analysis of Tamilnadu Petroproducts (TNPETRO) by charts plus indicators, forecast predictions and share price targets for Tamilnadu Petroproducts (TNPETRO)

Tamilnadu Petroproducts trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-10-28 View latest technical analysis

10 day averaged volume of Tamilnadu Petroproducts is 153738

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	79.75	79.45	81.00	78.31	0.928 times
25 Fri Oct 2024	78.85	80.90	81.35	78.00	1.59 times
24 Thu Oct 2024	80.36	82.00	82.06	80.00	1.101 times
23 Wed Oct 2024	81.30	82.08	82.65	79.71	1.315 times
22 Tue Oct 2024	82.16	84.45	84.87	81.88	1.345 times
21 Mon Oct 2024	84.25	86.73	86.90	84.01	0.698 times
18 Fri Oct 2024	85.93	85.11	87.09	84.50	1.029 times
17 Thu Oct 2024	86.40	88.10	88.35	86.11	0.566 times
16 Wed Oct 2024	87.17	87.80	88.04	86.21	0.796 times
15 Tue Oct 2024	87.59	87.00	88.42	87.00	0.625 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 82.4, but if it comes above 82.4, then a intra day buy could be more profitable.
If you take a sell trade below 82.4, then use 82.4 as stoploss and 77.7 as target. However if you take a buy trade in stock , then use 82.4 as stoploss and 86.29 as target.

Share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Target	75.60
Downside Target	78.00
Upside Target	81.00
Upside Target	84.50
Upside Target	86.90
Upside Target	93.25
Upside Target	93.30
Upside Target	95.09
Upside Target	100.76
Upside Target	101.85
Upside Target	104.25
Upside Target	110.77

Intraday share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Intraday Target	78.37
Downside Intraday Target	77
Upside Intraday Target	81.06
Upside Intraday Target	82.38
Downside Intraday Target	79.69

Weekly technical analysis of Tamilnadu Petroproducts (TNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	79.75	79.45	81.00	78.31	0.153 times
25 Fri Oct 2024	78.85	86.73	86.90	78.00	1.531 times
18 Fri Oct 2024	85.93	88.81	89.40	84.50	0.79 times
11 Fri Oct 2024	88.81	90.15	90.24	84.90	1.021 times
04 Fri Oct 2024	88.93	91.81	93.30	88.25	0.877 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tamilnadu Petroproducts (TNPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	79.75	92.47	93.25	78.00	0.638 times
30 Mon Sep 2024	92.47	99.80	100.76	91.31	0.423 times
30 Fri Aug 2024	99.22	102.05	104.25	90.50	0.332 times
31 Wed Jul 2024	101.58	95.38	110.77	95.09	2.23 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tamilnadu Petroproducts (TNPETRO)

Price action analysis of Tamilnadu Petroproducts ( (TNPETRO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tamilnadu Petroproducts ( (TNPETRO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tamilnadu Petroproducts ( (TNPETRO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Tamilnadu Petroproducts stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Tamilnadu Petroproducts in short term and the sell signal is strong.

Tamilnadu Petroproducts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Tamilnadu Petroproducts in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Tamilnadu Petroproducts is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 82.61 and Tamilnadu Petroproducts (TNPETRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Tamilnadu Petroproducts (TNPETRO) stock. Volume based technical analysis of Tamilnadu Petroproducts (TNPETRO) stock is negative.

Tamilnadu Petroproducts Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.